Artikel
Compensating displaced workers
Job displacement poses a serious earnings threat to long-tenured workers through unemployment spells and lower re-employment wages. The prevailing method of insuring job displacement losses involves an uncoordinated combination of unemployment insurance and severance pay. Less developed countries often rely exclusively on public mandating of employer severance pay due to the administrative complexity of unemployment insurance systems. If both options are operational, systematic integration of the two is important, although perhaps not possible if severance pay is voluntarily provided.
- Language
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Englisch
- Bibliographic citation
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Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2018 ; Bonn: Institute of Labor Economics (IZA)
- Classification
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Wirtschaft
Unemployment Insurance; Severance Pay; Plant Closings
Labor Contracts
Compensation Packages; Payment Methods
Labor Economics Policies
- Subject
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job displacement
unemployment insurance
wage insurance
severance pay
- Event
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Geistige Schöpfung
- (who)
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Parsons, Donald O.
- Event
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Veröffentlichung
- (who)
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Institute of Labor Economics (IZA)
- (where)
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Bonn
- (when)
-
2018
- DOI
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doi:10.15185/izawol.444
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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Object type
- Artikel
Associated
- Parsons, Donald O.
- Institute of Labor Economics (IZA)
Time of origin
- 2018
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